The Debtor or Trustee Control the Privileges of an Independent Audit Committee
Writing what may be his last opinion, Bankruptcy Judge Kevin J. Carey of Delaware parsed a split of authority before concluding that a liquidating trustee may compel counsel for an independent audit committee to turn over almost all of its files.
Judge Carey is stepping down from the bench on August 31 after 19 years of service as a bankruptcy judge. He was a bankruptcy judge in Philadelphia for five years before transferring his flag to Delaware.
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